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Iridium Communications IRDM Subscriber equipment — Total Revenue

Other product segments

Services
$158.03M+2.4%
Commercial Voice and Data Services
$57.43M+2.7%
IoT data
$45.97M+4.8%
Engineering and support services
$40.81M+8.9%
Hosted payload and other data
$14.78M-0.6%
Commercial Broadband Services
$12.22M-5.1%

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TMUSEquipment revenues — Total revenues
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Other financials

Income statement

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Revenue$219.1M+1.9%
Operating income$50.7M-16.0%
Net income$21.6M-29.0%
EPS (diluted)$0.20-25.9%

Balance sheet

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Cash & equivalents$111.6M+119%
Total debt$1.8B-0.9%
Total equity$468.4M-9.7%
Total assets$2.5B-3.0%

Cash flow

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Operating cash flow$71.6M+17.2%
CapEx$30.0M+22.0%
Free cash flow$41.7M+14.0%

Valuation

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Market cap$4.71B-2.0%

Profitability

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Gross margin89.3%
Operating margin25.8%+0.8pp
Net margin12.1%-2.6pp
FCF margin34.8%+0.9pp

Returns & leverage

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Return on equity21.4%+3.4pp
Debt / equity3.9×+0.7×
Current ratio2.9×+0.9×

Where this comes from

Reported directly by Iridium Communications in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Iridium Communications’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Iridium Communications's subscriber equipment — total revenue?
Iridium Communications (IRDM) reported subscriber equipment — total revenue of $20.22M in Q1 2026.
How has Iridium Communications's subscriber equipment — total revenue changed year-over-year?
Iridium Communications's subscriber equipment — total revenue decreased by 12.6% year-over-year, from $23.12M to $20.22M.
What is the long-term trend for Iridium Communications's subscriber equipment — total revenue?
Over 4 years (2021 to 2025), Iridium Communications's subscriber equipment — total revenue has grown at a -3.1% compound annual growth rate (CAGR), from $92.07M to $81.11M.
What does subscriber equipment — total revenue mean?
This metric represents the total gross revenue generated from the sale of hardware, devices, or related equipment provided to subscribers. It reflects the market demand and pricing power for the company's physical product offerings within this specific business segment. Investors use this to gauge the scale and growth trajectory of the hardware-based portion of the company's ecosystem.